Press release
Global Iron Ore Pellets Market Outlook and Forecast (2024-2030): Trends, Growth Drivers, and Opportunities
Iron Ore Pellets Market Size,Demand & Supply, Regional and Competitive Analysis 2024-2030
➣ For More Information or Query, Visit : https://www.24chemicalresearch.com/download-sample/233847/global-iron-ore-pellets-forecast-market-2023-2032-738
➣ New Production Facilities
U.S. Steel: The company recently celebrated the opening of its new direct reduced (DR)-grade pellet production facility in Minnesota. This $150 million investment is expected to produce approximately four million tons of pellets annually. The facility is designed to adapt to market demands by producing either DR-grade or blast furnace iron ore pellets, enhancing U.S. Steel's competitive edge in the market.
Blastr Green Steel: In March 2023, Blastr Green Steel announced plans to construct a state-of-the-art iron ore pellet manufacturing plant in Northern Norway. This facility aims to leverage advanced technologies to produce high-quality pellets, aligning with the growing demand for low-carbon steel production
The Iron Ore Pellets process of pelletizing combines mixing of the raw material, forming the pellet and a thermal treatment baking the soft raw pellet to hard spheres. These are typically fed to a blast furnace or DRI plant as part of the process to make steel.
➣ Total Market by Segment:
➣ By Type
• Blast Furnace Pellets
• Direct Reduction Pellets
➣ By Grade
• High-Grade (65% Fe and above)
• Medium-Grade (62%-64.9% Fe)
• Low-Grade (Below 62% Fe)
➣ By Technology
• Straight Grate Technology
• Grate-Kiln Technology
➣ For More Information or Query, Visit : https://www.24chemicalresearch.com/download-sample/233847/global-iron-ore-pellets-forecast-market-2023-2032-738
➣ By Application
• Steel Production
• Iron-based Chemicals
• Foundry Applications
• Others
➣ By End-Use Industry
• Steel Industry
• Manufacturing Industry
• Infrastructure and Transportation
• Others
➣ By Source
• Hematite
• Magnetite
• Taconite
• Others
➣ Key players include:
• Vale
• Rio Tinto
• BHP
• Fortescue Metals
• Anmining
• ArcelorMittal
• Anglo American
• HBIS Group
• Beijing Huaxia Jianlong Mining
• Evrazholding Group
• Metalloinvest
• LKAB Group
• Cleveland-Cliff
➣ For More Information or Query, Visit : https://www.24chemicalresearch.com/download-sample/233847/global-iron-ore-pellets-forecast-market-2023-2032-738
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